CHITAYAT JACK 4
4 · LIQUIDMETAL TECHNOLOGIES INC · Filed Mar 14, 2013
Insider Transaction Report
Form 4
CHITAYAT JACK
10% Owner
Transactions
- Other
Common Stock
2013-02-27$0.22/sh+2,926,429$643,814→ 4,626,840 total(indirect: See Footnote 2) - Conversion
Series A-2 Preferred Stock
2013-02-27−109,528→ 0 total(indirect: See Footnote 2)Exercise: $0.22→ Common Stock (2,926,429 underlying) - Other
Common Stock
2013-02-27$0.10/sh+1,700,411$170,041→ 1,700,411 total(indirect: See Footnote 2) - Conversion
Series A-1 Preferred Stock
2013-02-27−28,928→ 0 total(indirect: See Footnote 2)Exercise: $0.10→ Common Stock (1,700,411 underlying)
Footnotes (4)
- [F1]On February 27, 2013, the reporting person converted 28,928 shares of Series A-1 Preferred Stock in accordance with the terms described in the Amended and Restated Certificate of Designations, Preferences and Rights for Series A Preferred Stock of the issuer.
- [F2]Shares indirectly held in the name of Chitayat Holdings LLC. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of the reporting person's pecuniary interest in such securities.
- [F3]On February 27, 2013, the reporting person converted 109,528 shares of Series A-2 Preferred Stock in accordance with the terms described in the Amended and Restated Certificate of Designations, Preferences and Rights for Series A Preferred Stock of the issuer.
- [F4]Each share of Series A Preferred Stock is convertible into shares of Common Stock at the time and under the circumstances described in the Amended and Restated Certificate of Designations, Preferences and Rights for Series A preferred stock. The Series A Preferred Stock has no expiration date.